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According to a recent finalized study executed by AluMag 43% of all NEVs [New Energy Vehicles = Electrified Vehicles such as BEV and PHEV] produced in China are fitted with an aluminum tray [lower part of the battery housing]. Thereof 36% has a...

The aluminium rolling and recycling manufacturer will begin producing automotive aluminium at the site in 2020.The automotive aluminium facility will include heat treatment and pre-treatment lines, which prepare aluminium for use in vehicle parts such as body-in-white, hoods, doors, lift gates and fenders.

Steve Fisher, President and CEO, Novelis Inc said: "The increased adoption of aluminium in cars, trucks and SUVs, coupled with more automotive manufacturing plants in the southeast makes Guthrie a strategic location to serve our customers. With the strong, highly-skilled workforce in Kentucky, we believe our culture and commitment to building a sustainable world together will have a lasting and positive impact on this community."

The significant positive impact of tax reform in the U.S. reinforces Novelis' decision to expand at this time. A favorable economic environment has enabled Novelis to recently finalize key contracts totaling approximately $60 million for engineering plans, site preparation and state-of-the-art equipment for the greenfield facility, according to company’s press release.

Novelis said the investment will grow company's leadership position as the first choice for automotive aluminium sheet and deliver consistent quality products to automakers as they turn to aluminium for the benefits they see in vehicle performance, safety as well as the ability to extend electric battery range.

Source: https://www.alcircle.com/news

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